Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    465 Medford St Boston, MA 02129
    Back to Search
    Property profile & analytics

    465 Medford St Boston, MA 02129

    View on Map
    • Retail properties & Spaces
    • 75,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Delta Dental of Massachusetts / Insurance Agency
    • Haley & Aldrich / Environmental Engineer / Geotechnical Engineer
    • Monopoli Michael P DDS / Dental Office
    • Logical Design Database Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
    • Artaic - Innovative Mosaic / Industrial Manufacturer / Production Facility

    Property Details for 465 Medford St

    Property size
    75,000 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 75,000-square-foot retail space at 465 Medford Street in Boston, Massachusetts, presents a unique investment opportunity. Located in Suffolk County, this single-tenant property boasts stunning Mystic River waterfront views. The expansive ground-level space offers unparalleled flexibility, suitable for a wide range of uses including retail, medical facilities, educational institutions, or office spaces. The property's significant advantage lies in its ample parking provision – a rare find in Boston, with 465 parking spaces available on-site. This ensures convenient access for customers and employees alike. The address is 465 Medford Street, Boston, MA 02129. The property's size and location make it an ideal candidate for a large-scale retail operation or a business requiring significant space and convenient parking. The entire 75,000 square feet is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their exact specifications. This is a truly exceptional opportunity to secure a substantial commercial property in a highly desirable Boston location with unparalleled waterfront views and ample parking. The property's potential is vast, making it an attractive proposition for businesses seeking a prominent presence in the vibrant Boston market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.6585
    Latitude
    42.2682

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      C St

      SHOW ROOM, WAREHOUSE • 0.26 Acres
      C St, Charlestown, MA 02129
      View Details
    • Value Estimation
      $4,550,000
      6,160 SF

      32 Spice St

      SHOW ROOM, WAREHOUSE • 6,160 SF
      32 Spice St, Charlestown, MA 02129-1306
      View Details
    • Value Estimation by Request
      0.03 Acres

      521 Medford St

      SHOW ROOM, WAREHOUSE • 0.03 Acres
      521 Medford St, Charlestown, MA 02129-1419
      View Details
    • Value Estimation by Request
      0.19 Acres

      Rutherford Ave

      SHOW ROOM, WAREHOUSE • 0.19 Acres
      Rutherford Ave, Charlestown, MA 02129
      View Details
    • Value Estimation
      $2,760,000
      16,550 SF

      27 Ww St

      SHOW ROOM, WAREHOUSE • 16,550 SF
      27 Ww St, Charlestown, MA 02129-1001
      View Details
    • Value Estimation by Request
      0.36 Acres

      521 Medford St

      SHOW ROOM, WAREHOUSE • 0.36 Acres
      521 Medford St, Charlestown, MA 02129-1419
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Charlestown Mixed-Use Investment Opportunity

      Mixed-use property in Charlestown with retail and multifamily units.
      250-252 Main St, Boston, MA 02129
      View Details
    • Contact for pricing
      6,500 SF

      Boston Retail Space with Visibility

      Prime retail space in Boston's Leather District, near South Station.
      76 Street S, Boston, MA 02129
      View Details
    • Contact for pricing
      Pending

      Premier Boston Harbor Waterfront Marina

      Trophy marina asset in a world-class urban waterfront setting.
      28 Constitution Rd, Boston, MA 02129
      View Details
    • Contact for pricing
      25,000 SF

      Charlestown Industrial Building for Sale

      25,000 SF industrial building with redevelopment potential in Charlestown.
      62-68 Alford St, Charlestown, MA 02129
      View Details
    • Contact for pricing
      25,000 SF

      Charlestown Industrial Building for Sale

      25,000 SF industrial building in Charlestown with redevelopment potential.
      62 Alford St, Boston, MA 02129
      View Details
    • Contact for pricing

      Redevelopment Opportunity Near Sullivan Square

      7,526 SF office space near Sullivan Square MBTA Station.
      89 Cambridge Street Ave, Boston, MA 02129
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,412 SF

      Renovated Landmark Building with Amenities

      Historic building with modern amenities and convenient location.
      529-543 Main St, Boston, MA 02129
      View Details
    • Contact for pricing
      850 SF

      Retail Space in Mixed-Use Plaza

      Retail space available in a mixed-use property near Mass General.
      175 Cambridge St, Boston, MA 02129
      View Details
    • Contact for pricing

      Charming Retail Space in Charlestown

      Historic neighborhood retail space with easy access to downtown Boston.
      83 Main St, Boston, MA 02129
      View Details
    • Contact for pricing
      25,935 SF

      Charlestown Office Space with Harbor Views

      Office space with harbor views, parking, and private elevator.
      80-100 City Sq, Charlestown, MA 02129
      View Details
    • Contact for pricing
      5,260 SF

      Charming Retail Space in Charlestown

      Historic neighborhood retail space with easy access to downtown Boston.
      6 Monument Ave, Charlestown, MA 02129
      View Details
    • Contact for pricing

      Waterfront Luxury Apartment Retail Space

      Retail spaces available in luxury waterfront apartment community.
      250 1St Ave, Charlestown, MA 02129
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    465 Medford St
    Boston, MA 02129
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    465 Medford St, Boston, MA, 02129
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!